How do liquidation values affect financial contract renegotiation? While the 'incomplete contracting' theory of financial contracting predicts that liquidation values determine the allocation of bargaining power between creditors and debtors, there is little empirical evidence on financial...

Understanding the Recent Sino-U.S. Trade Conflict -- The Status of China’s Market Economy and Structural Reforms: The Issues behind the U.S.-China Trade War -- The Day After Tomorrow: Evaluating the Burden of Trump’s Trade War -- The Potential Impact of China–US BIT on China’s...